July 24 BTC & Ether intraday operation guide: grasp key points and steady layout opportunities

Follow me to get practical insights from the crypto world every day, deeply analyze market trend logic, and help everyone seize wealth opportunities amidst the fluctuations.

BTC: Game around 120,000 points, long and short signals are clear.

Yesterday, the short position near the 120000 points for BTC has successfully made a profit. Today's trend needs to focus on the breakthrough and pressure situation of key points.

Intraday trend judgment

- Upward direction: First focus on the resistance level at 118700 points. After breaking through, keep a close eye on the key range between 120000 and 121000 points. If it can effectively break through 121000 points and stay above 120000 points, the upward trend is expected to continue, with a target looking towards the previous high near 123300 points.
- Downward direction: If it continues to be under pressure below 120,000 points, it is highly likely to enter a retracement market. The initial support is at 118,100 points and 117,400 points, and further attention can be given to 116,600 points and 115,700 points. If it can stabilize above 115,700 points, there is still a possibility of a rebound; once it breaks below, one should pay attention to daily support at 112,000 points, 110,500 points, and weekly support at 109,600 points.

Operation Suggestions

- Near the resistance level: Consider going short near 120,000 points, with a stop loss set above 121,000 points.
- Near support levels: You can try going long around 118100 points and 117400 points, with a stop loss placed below 117300 points.

Ether (Ethereum): 3680 points become the tipping point for long and short positions, ladder layout awaits signals.

The core of Ethereum's trend today is at 3680 points, and whether this level is broken or not will directly guide the short-term direction.

Intraday trend analysis

- Upward direction: First pay attention to the resistance at 3650 points and 3680 points. If 3680 points is effectively broken and stays above, a rebound will start, targeting 3720 points and 3750 points in sequence. After breaking through, further attention can be paid to 3780 points, 3825 points, and 3860 points, up to 3905 points, 3987 points, and 4100 points. If it can break through and maintain the "bull-bear reversal point" at 4100 points, there is hope for a subsequent challenge to 4370 points and 4870 points.
- Downward direction: If it is under pressure below 3680 points, the probability of a pullback is relatively high. The initial support to look at is 3610 points, 3580 points, and then pay attention to 3525 points, 3480 points; if it breaks below, keep an eye on the support at 3430 points and 3360 points.

Operation Suggestions

- Near resistance levels: Short positions can be taken around 3650 points and 3680 points, with a stop loss set above 3700 points.
- Near support levels: Long positions can be taken around 3610 points and 3580 points, with a stop loss below 3570 points; if it breaks down, continue to set up long positions around 3525 points and 3480 points, with a stop loss below 3470 points.

Finally, it should be reminded that the market is highly volatile, and the above operational suggestions are for reference only. Investment carries risks, and market entry should be done with caution. Please arrange your investments reasonably based on your own risk tolerance, and you will bear the profit and loss yourself.